CAIRO – NOVEMBER 2007, Prime Holding has received orders worth LE8.3 billion for Talaat Mostafa Group Private Placement. The said Private Placement has been covered by 17 times, which is the largest coverage ratio in the history of the Egyptian stock exchange.
On the other hand, subscription to TMG initial public offering which amounts to 65 million shares will be terminated next Tuesday, which is currently priced at LE11.02 representing a 5% discount the private placement price